With the gas tankless water heater it may have an even pricier installation cost.
Tankless vs tank water heater.
One of the first things to consider is whether you should get a tank or tankless water heater.
For a tank based traditional hot water system the lifespan is usually 10 years.
In contrast storage water heaters last 10 15 years.
The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more.
The operational life of a tankless water heater is usually 20 years if not more.
Tankless water heaters can avoid the standby heat losses associated with storage water heaters.
Along with their longer lifespan tankless water heaters are known to have reduced monthly energy bills helping offset their higher purchase price.
The plus side to the gas water heater is the increased gpm.
However although gas fired tankless water heaters tend to have higher flow rates than electric ones they can waste energy if they have a constantly burning pilot light.
Tankless water heaters have a higher purchase cost than a traditional storage tank.
The cost of a tankless water heater can range anywhere from 2 000 4 500 compared to a storage tank water heater which ranges from about 500 800.
In the average sized single family home one tank water heater is sufficient for all the hot water needs.
There is no tank filled with water standing by tankless water hearter systems come in two varieties point of use or whole house heaters.
According to energy gov for homes that use 41 gallons or less of hot water daily demand or tankless water heaters can be 24 to 34 more energy efficient than conventional storage tank water heaters tankless water heaters if gas fired will save homeowners over 100 annually the longer they remain in service.
With tankless water heaters there is no standby heat loss due to the water being heated as it is needed.
The water is normally kept at 120 180 degrees farenheit.
Whereas traditional water heater installation costs around 500 tankless installation costs double or more.
With regular maintenance and repairs a tankless system may last up to 30 years or up to 3 times longer than a traditional hot water heater.
Tankless water heaters are more compact and can heat up water as you use it.
This gives you at least 8 gpm or more compared to the electric 3 to 8 gpm it normally provides.
Deciding on a tankless vs.